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Credit Facility $1.1 Billion


Nov 23, 2014 Source:abladvisor

Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing $950 million credit facility and will lower HTA's borrowing costs and extend maturities.The revolver will mature in January 2020. The term loan will mature in January 2019 and can be extended for up to 1 year.

 

 




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